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Providing a pension is the top priority for employers wanting to recruitand retain staff, according to new research from Barclays and Legal &General. Employees rank pensions above bonuses and flexible working hours. The survey of consumer attitudes asked which benefits employees saw asmost important for firms to offer. Sixty-three per cent said a companypension was […]

The 19 per cent organic growth rate achieved by Misys&#39 IFA business in thelast year helped make it the company&#39s best performing sector. But despite the success of the financial services division, Misys&#39 shareprice plummeted from 532p to 308p following the announcement of its annualresults last week. The figures came on the back of poor […]

IFAs are calling for providers to compensate endowment policyholdersfacing shortfalls because they used assumed charges lower than actualcharges to calculate illustrations given at outset. But some providers believe the responsibility lies with the regulatorwhich they say forced them to use this method of working out illustrationsuntil 1995. IFAs are increasing the pressure to force providers […]

The Virgin Direct brand is set to disappear following its integration withVirgin Money in a bid to offer a direct gap-filling operation. Royal Bank of Scotland is taking full ownership of lender Virgin One,buying the two 25 per cent shares of Sir Richard Branson and Australiangiant AMP for £100m. The Virgin Direct/Virgin Money deal will […]

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The European markets regulator has expressed concern UK finance companies could make use of loopholes between the UK and EU after Brexit, according to the Financial Times. Speaking at a conference in London, the European Securities and Markets Authority chair Steve Maijoor said this was one of the reasons Esma is seeking to directly supervise […]

Theresa May’s announcement from earlier today that she will step down as prime minister on Friday 7 June brought a new direction to deadlocked British political scene. Yet figures from the investment management sector say her resignation does not spell the end of uncertainty, which has been holding back investment decisions. Hermes Investment Management chief […]

The FCA’s Intergenerational Differences paper highlights the difficulties that people in their late 30s to early 50s face in saving for retirement. How can the industry improve their prospects? Grouping people according to age, gender, marital status and how wealthy they are is something product providers and advice firms do to tailor their services to […]

24th May 201912:17 pm

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